Modern networks: Working together to ease regulatory burden

Increasing regulatory compliance requirements, in particular from the Consumer Duty and appointed representative (AR) regime coming into force in 2023, alongside challenging market conditions and increasing back-office costs has led many IFAs to re-evaluate how they run their business. The majority of IFAs want to focus their time and resources on supporting clients, and not on endless back-office tasks, reporting, insurance renewals and incorporating regulatory updates, as this is both more productive and more profitable.  With the ever-changing regulatory requirements and a higher s...